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0 sats \ 7 replies \ @iguano 10 Jun 2023 \ parent \ on: Will the lightning network destroy and absorb all altcoins? bitcoin
I understand they want to earn, but sadly they are willing to risk to much and altcoins are full of rug pulls.
I personally know people who lost thousands of dollars because they just disregarded my advice to go first bitcoin .
And you know what, they will never learn.
Agree. People will step on the same rake. After posting my question and getting answers from different people, I decided to quickly get rid of the two altcoins that I have in my portfolio. Unfortunately, now is not the best time.
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I think everyone here has played with altcoins at some point, it’s human nature to try new things and understand things in practical ways.
I don’t see nothing wrong with it as long as you understand what are you doing .
The issue is when some new guy put more money that they can lose on some kind of new terra/Luna project because they believe is going to be easy to “earn” money, and lose it all.
That’s bad for them, and bad for the bitcoin community because they will tell their family and friends to stay away of bitcoin too which is the real thing.
At the end being a maxi is something moral to do for a lot of us.
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I am very pissed off by bloggers who advertise scam. The same Terra, Solana, Dog, Tron, Sheba, Stellar, Ripple... Some of them have hundreds of thousands of subscribers. They lead people by the nose. I stopped watching this crap a long time ago. But they are just a brake on the industry. Over time, people will begin to understand where to invest money, and where not.
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some of they just don't understand the big picture, they are all about making money of new people coming in and cashing out on the ATH,
they repeat and repeat, making millions in the process.
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I wrote once before that my opinion was greatly changed by Michael Sailor. Fortunately, we have people who translate his interviews into my language. I think this guy (Saylor) is popular in the US. Also my opinion in favor of Bitcoin has changed because I see the constant depreciation of tokens and other digital nonsense (just in relation to Bitcoin, because to the dollar they can get more expensive). Unfortunately it took me a couple of years to realize it )))) So there you go. Nice chatting with you.
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what's your mother language?
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Ukrainian
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